Happy New Year!
Just like many of you I have setup New Years Resolutions for 2017. Most people set financial goals with a set figure for saving or earning in mind. My resolution was to become more financially wise over the coming year. I decided on challenging myself to come up with 52 ways to improve my financial system and situation, one for every week this year. I’ll be sharing what I learn and deploy here on the blog, both good and bad. I’ll also provide updates if anything changes from prior weeks. The guidelines I’ve come up with are as follows:
The change must do one of the following:
- Help save or invest more money (e.g. cutting costs & tighter budgeting)
- Help earn more income (e.g. finding higher rates of return)
- Help automate the process (e.g. setting up automatic transfers between accounts)
To be clear, the current status of my finances is not terrible, but it could always be better and I’m willing to turn over a lot more stones to make improvements. The great thing is that I’ll share what I’m doing and that may help others out there as well. I’m hopeful that the success of this challenge will bring more challenges for productivity and other such topics. Look for the first post this Saturday!